NOT LISTED FOR SALE

Estimated Value: $686,000 - $840,000

2 Beds
2 Baths
1,204 Sq Ft
$456/mo HOA Fee

Last Sold June 01, 2021

Last sale price $500,000 $415 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,983/month

5 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Deck
  • Wood Flooring
  • In Ground Pool
  • Property is near public transit
  • 4-minute walk to Veterans Memorial Park

About This Home

As of June 2021

Embrace summer 2021 and own this incredible penthouse level unit at the Grand Victorian situated in the heart of Old Orchard Beach with direct access to seven miles of Maine's best beaches. Soak in expansive ocean views and salty sea breezes from two private balcony decks. The open concept living space is ideal for relaxing and entertaining. A high-end kitchen with stainless appliances and granite counters, two large bedrooms, two full bathrooms make this unit perfectly accommodating for personal enjoyment or rental income. This unit comes fully furnished with new living area set. Amenities include an indoor swimming pool, fitness center, sauna and two designated parking spaces. Weekly rentals allowed. Pets allowed for owners. On-site rental management available.

Last Agent to Sell the Property

Emily Fontaine

Coldwell Banker Realty Brokerage Phone: 207-282-5988 Listed on: 04/09/2021

Coldwell Banker Realty

Last Buyer's Agent

Libby Hunt

Engel & Volkers Casco Bay

Engel & Volkers Casco Bay

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,074

Year Built

  • Built in 2006

Lot Details

  • 100 Feet of Waterfront
  • Ocean Front
  • Landscaped

HOA Fees

  • $456 Monthly HOA Fees

Home Design

  • Victorian Architecture
  • Steel Frame
  • Shingle Roof

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room
  • Granite Countertops
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Parking

  • Common or Shared Parking
  • Shared Driveway
  • Paved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Deck

Location

  • Property is near public transit
  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1-02508
  • Assessor Parcel Number 1EastGrandAvenueUnit508OldOrchardBeach

Community Details

Overview

  • 51 Units
  • High-Rise Condominium
  • Grand Victorian Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Elevator
  • Service Elevator

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,074

Year Built

Built in 2006

Lot Details

0

HOA Fees

$456 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Water Body Name: Atlantic
  • MLS Status: Closed
  • Subdivision Name: Grand Victorian
  • Directions: Condo Building located at the Pier.
  • Above Grade Finished Sq Ft: 1204.0
  • Architectural Style: High Rise, Victorian
  • Garage Yn: No
  • Year Built: 2006
  • Attribution Contact: 207-282-5988
  • Location Information:Leased Land: No
  • Location Information:HERS Certified: No
  • Property Information:Total Baths: 2.0
  • Property Information:SqFt Finished Above Grade: 1204.0
  • Property Information:Garage: No
  • Site:Well Landscaped: Yes
  • Water Info:Water Frontage2: Yes
  • Water Info:Water View2: Yes
  • Roof:Shingle: Yes
  • Heat System:Forced Air: Yes
  • Floors:Carpet: Yes
  • Floors:Wood3: Yes
  • Parking:Off Street: Yes
  • Electric:Circuit Breakers: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public3: Yes
  • Driveway:Paved2: Yes
  • Amenities:Pool-In Ground: Yes
  • Amenities:Primary Bedroom wBath: Yes
  • Location Information:Association Fee: 456.0
  • Location Information:Fee Frequency Paid: Monthly
  • Condominium:Unit Type: Condo
  • Condominium:FHA Certification2: No
  • Condominium:Rental Allowed: Yes
  • Condominium:Units in Building: 51
  • Kitchen Countertop:Granite: Yes
  • Driveway:Common2: Yes
  • Water Heater:Electric2: Yes
  • Amenities:One-Floor Living: Yes
  • Cooling:Central Air: Yes
  • Amenities:Walk-in Closets: Yes
  • Living Room:Living Room: Yes
  • Parking:On Site2: Yes
  • Amenities:Bathtub: Yes
  • Amenities:Laundry - 1st Floor: Yes
  • Parking:Paved3: Yes
  • Property Information:Short Sale Continue to Show: No
  • Recreational Water:Oceanfront: Yes
  • Water Info:Waterfront Amount -: 100.0
  • Water Info:Water Frontage Shared -: 100.0
  • Heat Fuel:Gas Bottled: Yes
  • Property Information:Deed Restrictions: Yes
  • Property Information:Bank Owned REO: No
  • Amenities:Furniture Included: Yes
  • Construction:Steel Frame: Yes
  • Amenities:Elevator Passenger: Yes
  • Transportation:Rail Available: Yes
  • Condominium:Total Units4: 51
  • Style:High Rise: Yes
  • Amenities:Elevator Freight: Yes
  • Property Sub-Type Property Sub-Type: Condominium
  • Special Features: None

Interior Features

  • Has Basement: None, Not Applicable
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Interior Amenities: Walk-in Closets, Elevator Passenger, Furniture Included, 1st Floor Primary Bedroom w/Bath, Bathtub, Elevator Freight, One-Floor Living, Pantry, Primary Bedroom w/Bath
  • Bedroom 2 Level: First
  • Kitchen Kitchen Level: First
  • Living Room Living Room Level: First
  • Primary Bedroom Primary Bedroom Level: First

Exterior Features

  • Lot Features: Sidewalks, Landscaped, Intown
  • Pool Features: In Ground
  • Waterfront Features: Ocean
  • Waterfront: Yes
  • Construction Type: Composition, Steel Frame
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Patio And Porch Features:Deck: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Paved, Common, On Site, Off Street

Utilities

  • Laundry Features: Laundry - 1st Floor, Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hot Air
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 456.0
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: 2 Pets, Other Restrictions

Lot Info

  • Land Lease: No
  • Parcel #: 1EastGrandAvenueUnit508OldOrchardBeach
  • Zoning: CZ-1

Multi Family

  • Number Of Units In Community: 51
  • Number Of Units Total: 51

Tax Info

  • Tax Annual Amount: 6074.0
  • Tax Book Number: 17839
  • Tax Lot: 1-02508
  • Tax Map Number: 306
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
Jun 1, 2021
Sold by
Taylor Zachery S and Taylor Julieann
Bought by
Landry Kevin A and Landry Melanie L
Seller's Agent
Emily Fontaine
Coldwell Banker Realty
Buyer's Agent
Libby Hunt
Engel & Volkers Casco Bay
List Price
$500,000
Sold Price
$500,000
Total Days on Market
5
Current Estimated Value
$743,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,841
Avg. Annual Appreciation
10.33%
Original Mortgage
$400,000
Outstanding Balance
$365,290
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$378,551

Purchase Details

Listed on
Sep 7, 2018
Closed on
Nov 7, 2018
Sold by
Boulay Cynthia A
Bought by
Taylor Zachery S and Taylor Julieann
Seller's Agent
Michael Morong
Bean Group
Buyer's Agent
Emily Fontaine
Coldwell Banker Realty
List Price
$425,000
Sold Price
$399,000
Premium/Discount to List
-$26,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.18%
Original Mortgage
$319,200
Interest Rate
4.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2007
Sold by
Grand Victorian Llc
Bought by
Boulay Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,500
Interest Rate
6.17%
Mortgage Type
Unknown
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Landry Kevin A -- None Available
Taylor Zachery S $399,000 --
Boulay Cynthia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landry Kevin A $400,000
Previous Owner Taylor Zachery S $319,200
Previous Owner Boulay Cynthia A $307,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $500,000 0.0% $415 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $500,000 +25.3% $415 / Sq Ft
11/05/2018 11/05/18 Sold $399,000 -6.1% $331 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $425,000 -- $353 / Sq Ft
Source: Maine Listings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,963 $640,019 $94,319 $545,700
2023 $6,754 $592,419 $94,319 $498,100
2022 $6,130 $500,840 $85,540 $415,300
2021 $6,004 $423,980 $87,780 $336,200
2020 $6,074 $393,900 $77,600 $316,300
2019 $6,212 $400,800 $77,600 $323,200
2018 $5,713 $373,400 $77,600 $295,800
2017 $5,941 $378,400 $75,400 $303,000
2016 $5,824 $376,700 $73,700 $303,000
2015 $5,718 $376,700 $0 $0
2014 $5,605 $376,700 $73,700 $303,000
2013 $5,198 $376,700 $73,700 $303,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Maine Listings

MLS Number: 1487062

Maine Listings

APN: OOBH-000306-000001-000002-000508